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Pre-Approved? Don’t Jeopardize Your Credit Score
This year, we are seeing more stringent requirements from lenders and the underwriting process is more difficult. We just had a lender deny a loan after the buyers had received a pre-approval because the credit score dropped during the proc...
People are Life Sizing!
You’ve heard of people downsizing, upgrading or expanding their real estate needs from one type of home to another. We now go by the designation LIFE SIZING. This is a much broader term to describe the change from one lifestyle to another...
January’s Luxury Market’s Performance in the Capital Region
A total of 2742 homes sold in 2018 versus 2713 in 2019 regardless of price range or type*. This shows a consistent performance January over January and is a good indicator of a stable market. Luxury homes are properties priced $2M+. The ...
Opportunity at the Top: D.C.’s Million Dollar Housing Market Continues to Grow
Last year, we wrote about how the number of million-dollar homes in D.C. have nearly tripled over the last 10 years. By the end of 2018, about 28% of all homes in D.C. were priced over one million dollars. New data has emerged that sugge...
20% Of All DC Home Sales In 2018 Were Paid in Cash
20% of the homes sold in Washington DC in 2018 were purchased as “All-Cash Deals”. This is consistent from the sales in 2017 and 2016. An article ran in Urban Turf highlighting this statistic. There were 8,328 homes sold in DC in 20...
Washington DC Top Sales of 2018
Despite the large number of neighborhoods in our Nation’s Capital, it is interesting; the most expensive sales are in only 4 neighborhoods. Woodley Park is the exception to this year’s list as there is one luxury condo that has be...
Leading the Downtown Luxury Market
The Kimberly & Daryl Team leads the downtown market, without question. In the history of residential sales in Logan Circle, there have only been 5 transactions at 3M+. Every transaction consists of two sides (Buyer and Seller) and The Kimbe...
Selling During The Holidays
Why in the World Would You List Your House For Sale or Buy in November or December when it is holiday season and “Nobody Buys at This Time”? Let’s address this falsehood right away. DC is a year-round market. We don't have months...